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The Latest Breaking News from Lloyds Banking Group

Top Tory strategist’s lobbying firm advising Daily Mail owners on Telegraph bid

Exclusive: Isaac Levido’s company, Fleetwood Strategy, is helping DMGT navigate potential acquisition of rightwing broadsheet

The Guardian - UK

More than 2,500 jobs at risk in Lloyds shake-up

Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze

The Guardian - UK

Abu Dhabi-backed fund says it will take control of Telegraph and Spectator

RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family

The Guardian - UK

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MPs want UK national security law used to vet Barclay family’s Telegraph offer

Financing from Abu Dhabi investors secured for bid but use of overseas sovereign wealth questioned

The Guardian - UK

Lloyds Banking Group tech centre in Hyderabad commences operations

Lloyds Banking Group has set up a Technology Centre in Hyderabad as part of a 3 billion pound investment to transform its digital offering. It will recruit 600 specialists in tech, data and cybersecurity roles and become a hub for modern engineering excellence. It will focus on using tech, digital,…

The Hindu

Banks face $2bn Twitter losses says report; Canary Wharf owners inject £400m – as it happened

Live, rolling coverage of business, economics and financial markets as Lloyds Banking Group says UK house prices to fall and Boeing cuts 737 Max target

The Guardian - UK

Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

The Independent UK

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Bild publisher Axel Springer eyes Telegraph auction

German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction

The Guardian - UK

US billionaire in talks with GB News co-owner over Telegraph bid

Founder of Citadel hedge fund Ken Griffin linked to group of investors including Sir Paul Marshall

The Guardian - UK

Nadhim Zahawi in line to become chair of Telegraph titles, say reports

MP said to be brokering deal between UAE investors and Barclay family as former owners attempt to regain control of media group

The Guardian - UK

More than 100 MPs received freebies worth £180,000 this summer

Exclusive: Oliver Dowden and Keir Starmer among those who enjoyed free tickets to events including the Chelsea flower show and the Derby

The Guardian - UK

‘It’s a white-knuckle ride’: UK bank customer reveals how switching accounts is far from simple

Attempts to move current account from Intelligent Finance led to hours of admin

The Guardian - UK

Lloyds puts aside more than £400m for mortgage arrears as rates soar

Bank says profits have fallen as interest rates and cost of living are ‘challenging’ for people and firms

The Guardian - UK

Average 5-year fixed-rate mortgage hits 6.3 per cent deepening UK’s home loan misery

Britain’s home loan misery was growing on Friday as the average five-year fixed-rate mortgage hit 6.3 per cent.

Evening Standard

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The Independent UK

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

The Independent UK

Average two-year mortgage rates at 15-year high as lenders are quizzed by MPs

Bank and building society bosses appeared before the Treasury Committee on Tuesday, to explain what they are doing to support struggling customers.

The Hindu

Lloyds Banking Group setting up tech development centre in Hyderabad

British financial services major Lloyds Banking Group (LBG) is setting up a technology centre in Hyderabad as part of a larger 3 billion pound strategic investment aimed at transforming its digital offering.

Birmingham Post

Lloyds Bank launches new T-Levels programme in Bristol to boost South West opportunities

T-Levels were introduced in 2020 as a way to enable young people to gain the equivalent of three A-levels

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Birmingham Post

Lloyds Banking Group announces office closure ahead of major city centre revamp

No jobs are expected to be lost as a result of the office closure

The Guardian - UK

Barclay family make last-ditch bid to keep control of Telegraph newspapers

Offer to write off some of the nearly £1bn owed by publisher submitted to lenders Lloyds Banking Group

The Guardian - UK

A speeding fine, a baby donkey and a tram ride – take the Thursday quiz

Fifteen questions on general knowledge and topical trivia, plus a few jokes, every Thursday. How will you fare?

The Guardian - UK

What next for Daily and Sunday Telegraph now they are to be sold?

Key questions on fate of newspaper group after row between Barclay family and Lloyds Banking Group

The National (Scotland)

Telegraph and Spectator titles set to be auctioned off by Lloyds Banking Group

THE Telegraph newspapers and The Spectator magazine are due to be put up for auction within days amid a bitter row between the title’s…

The Independent UK

Telegraph put up for auction as bank tries to recover debts

Lloyds Banking Group reportedly acted after “becoming frustrated” over loan repayments

The Independent UK

Telegraph owners deny business poised for administration due to unpaid loans

Lloyds Banking Group is said to be threatening to call in administrators for the parent firm of the Telegraph newspapers as it looks to recover loans.

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